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AWS eyes up to $5B Philippine cloud investment

Amazon Web Services (AWS) is exploring the establishment of an AWS Region in the Philippines, a project that could bring up to USD5 billion in investments over the next 15 years and significantly strengthen the country's digital infrastructure and technology ecosystem.

DOST opens Ilocos yarn hub, targets 5,000 text jobs

The Department of Science and Technology (DOST) has launched the Ilocos Region's first Regional Yarn Production and Innovation Center (RYPIC), a move aimed at strengthening the domestic textile industry and creating up to 5,000 jobs across the country's fiber-to-fashion value chain.

Philippines makes WIPO debut, leads in software investment growth 

The Philippines has become the first Southeast Asian economy to be featured in the World Intellectual Property Organization's (WIPO) Intangible Investment Highlights 2026, underscoring the country's growing shift toward an innovation-driven economy built on technology, software, brands, data, and intellectual property.

GOCC dividends hit P140B, bolstering state coffers

Government-owned and -controlled corporations (GOCCs) have remitted P140 billion in dividends to the National Government so far this year, with 15 state-run firms each contributing at least P1 billion, highlighting their growing role as a major source of non-tax revenues that help fund public services and infrastructure.

Abalos rejoins Marcos administration as Cabinet secretary

President Ferdinand Marcos Jr. has appointed former Interior Secretary Benhur Abalos as Cabinet Secretary, returning a key political ally to his administration after the one-year ban on appointing defeated election candidates expired. Palace Press Officer Undersecretary Claire Castro said Abalos will advise the President on emerging national and political issues, coordinate with government agencies and stakeholders, and head the Strategic Action and Response Office, which oversees Malacañang's complaints centers. Abalos resigned in 2024 to run for senator but placed 16th in the 2025 elections. He previously served as Marcos' campaign manager and Interior secretary. (Marjohara Tucay)

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Moody’s projects inflation to return to target range by 2027-2028 as BSP earns high marks

The Bangko Sentral ng Pilipinas (BSP) has earned fresh praise from sovereign credit giant Moody’s Ratings, which expects local inflation to steadily settle back within the government's two to four percent target range between 2027 and 2028.

Court orders arrest of VP Duterte

A Quezon City Regional Trial Court has issued an arrest warrant for Vice President Sara Duterte over three counts of grave threats against President Ferdinand Marcos Jr., First Lady Lisa Marcos, and former House Speaker Martin Romualdez, the Department of Justice said Friday. The DOJ said the warrant means the court found probable cause against Duterte. Bail was set at P120,000 for each count. Duterte earlier asked the court to defer or recall the warrant. The case stemmed from public threats the VP issued against the 3. The grave threat is also among the charges in the impeachment complaint versus the Vpz

Mynt secures SEC approval for P92.32-billion IPO, first to benefit from eased public float rules

The Securities and Exchange Commission (SEC) has given the green light to Mynt Inc., operator of leading digital payments platform GCash, for its initial public offering (IPO) valued at up to P92.32 billion.

Cool-down in August inflation offers brief respite, not policy pivot – analyst 

The slight cooling of headline inflation to 6.1 percent in August from 6.2 percent in July provides a welcome breathing room, but it remains far from a signal for the central bank to ease its stance. Lower meat and vegetable prices helped pull down overall food inflation, though the decline was largely muted by accelerating rice costs and expensive transport amid persistent global oil strength. According to Bank of the Philippine Islands (BPI) lead economist Emilio S. Neri, Jr., this temporary easing is unlikely to alter the trajectory of monetary policy. He says that the Bangko Sentral ng Pilipinas (BSP) will likely stay on a tightening path, potentially raising the policy rate by 25 basis points in each of its final two meetings this year to hit 5.50 percent.
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